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Dukascopy
VS
Exness

Dukascopy vs Exness: which broker is better in 2026?

We compare Dukascopy and Exness — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Dukascopy edges ahead (4.0/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaDukascopyExness
Overall score 4.0 3.8
Regulation & safety 4.5 3.0
Fees & deposit 4.0 4.0
Platform & assets 4.0 4.0
User support 3.5 4.0
Trust score83/10071/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsJForex (desktop/web), MetaTrader 4, Mobile app, API (FIX/JForex)MetaTrader 4, MetaTrader 5, Exness Terminal / app
Fee modelECN model: raw spread + volume-based commission — competitive for volume; exact figures not yet verifiedLow spread / raw + commission (Zero/Raw account); figures vary

Pros & cons

Dukascopy
  • FINMA-licensed Swiss bank — top-tier prudential oversight
  • Transparent ECN/marketplace model (SWFX) with a powerful JForex platform
  • Competitive commissions for volume traders
  • Account structure & the JForex platform can be complex for beginners
  • Minimum deposit relatively high compared to typical retail brokers
  • Leveraged products are high-risk
Exness
  • Fast execution, low spreads, fast withdrawals — popular in Asia/Africa/Middle East
  • Very large volume & liquidity
  • Holds CySEC & FCA licenses for certain entities
  • Most retail clients via offshore entities (Seychelles/Curaçao) — weaker protection
  • Very high leverage (up to unlimited at offshore entities) amplifies risk
  • Leveraged products are high-risk

Regulation at a glance

Dukascopy

Dukascopy Bank SA is a licensed bank & securities dealer supervised by FINMA (the Swiss financial regulator). Its European entity (Dukascopy Europe) is supervised in Latvia. Its 'Swiss bank' status adds a layer of prudential oversight.

Exness

Regulated by CySEC (Cyprus), FCA (UK — limited entity), FSCA (South Africa), FSA (Seychelles), CBCS (Curaçao). Most retail volume is served by offshore entities (Seychelles/Curaçao).